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Downtrend Broken Resist.Archive - 4/17/2026 - Sign In to see current Signals. |
Fortive Corp (FTV) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Fortive Corp (FTV). During the week, the FTV gained 2.16 points, or 3.70%, and closed at 60.52 on Friday, April 17, 2026. Weekly volume was -17% below average.
Long-term trend: [See FTV long-term trend chart] A long-term downtrend had started on March 22, 2024 at 87.10 and reached 46.34 on August 11, 2025. FTV lost 40.76 points, or 46.80%, in 72 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 32.93 and resistance is at 78.51. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See FTV medium-term trend chart] A medium-term uptrend had started on August 11, 2025 at 46.34 and reached 62.42 on February 11, 2026. FTV gained -16.08 points, or -34.70%, in 26 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 53.99 and resistance is at 61.70. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See FTV weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since September 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See FTV short-term trend chart] A short-term uptrend had started on March 30, 2026 at 53.48 and reached 61.16 on April 17, 2026. FTV gained -7.68 points, or -14.36%, in 18 days. The price is now at the 8.33% retracement level.
Daily Technical Indicators: [See FTV daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up.
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